Form 4: Jabil Inc. CFO Gregory B. Hebard Reports Stock Disposal
SEC Form 4 Filing
Gregory B. Hebard, CFO of Jabil Inc., reported disposing of 1,024 shares of common stock on October 16, 2024, to cover tax obligations.
Summary
- On October 16, 2024, Gregory B. Hebard, the CFO of Jabil Inc., disposed of 1,024 shares of common stock.
- The transaction was executed at a price of $124.26 per share.
- Following the transaction, Hebard directly owns 19,438 shares of Jabil Inc. common stock.
- 97 shares were acquired on June 30, 2024, under the 2011 Employee Stock Purchase Plan of Jabil Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by an insider. The disposal of shares is not inherently positive or negative without further context.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a disposal of shares by the CFO, which could be for various reasons, including tax obligations or portfolio diversification.
Stakeholder Impact
- The disposal of shares by a key executive could be perceived negatively by some shareholders, although it is a common practice for managing personal finances and tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 30, 2024 | 97 shares acquired under the 2011 Employee Stock Purchase Plan |
| October 16, 2024 | Disposal of 1,024 shares of common stock |
| October 18, 2024 | Date of signature for the Form 4 filing |
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